Voestalpine has developed a matrix type hot work tool steel with improved abrasive wear resistance for demanding applications like hot forging, die casting, and hot extrusion. The steel is also suitable for press hardening of Advance High Strength Steel (AHSS) with high hot wear resistance. GlobalData’s report on Voestalpine gives a 360-degree view of the company including its patenting strategy. Buy the report here.

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According to GlobalData’s company profile on Voestalpine, Tunnel Boring Machines was a key innovation area identified from patents. Voestalpine's grant share as of January 2024 was 69%. Grant share is based on the ratio of number of grants to total number of patents.

The patent application (Publication Number: US20240011135A1) discloses a hot work tool steel specifically designed for hot forging, press hardening, die casting, or hot extrusion applications. The steel composition includes specific weight percentages of various elements to ensure optimal performance in these high-temperature processes. Additionally, the steel is required to meet certain criteria related to carbide size and volume percentages to enhance its properties further.

Furthermore, the patent claims highlight the hardness requirements of the steel after hardening and tempering, with a specific range of 55-57 HRC. The steel's mean hardness is specified to be =360 HBW, with strict guidelines on the deviation from this mean value in the thickness direction. The patent also mentions the use of this hot work tool steel in various industrial applications such as hot forging, press hardening, die casting, high-pressure die casting, or hot extrusion, emphasizing its versatility and suitability for a range of manufacturing processes.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies